The Most Affordable Neighborhoods in South Newfane, VT by Home Value

 

South Newfane, VT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Newfane area can be challenging. Home prices in South Newfane are now at a median cost of $252,520, lower than the Vermont average of $260,894.

The average cost of rent is $1,092/mo in South Newfane, primarily driven by the current value of real estate in the South Newfane area. While nearly 45.69% of residents own their homes outright in South Newfane, 7.58% rent.

Housing affordability isn’t just about home prices, though. The average household income in South Newfane is $5,104 per month. Households that rent pay about 21.40% of their income on rent here. South Newfane's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.


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